BPCE brings French RMBS with €1bn senior tranche

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BPCE brings French RMBS with €1bn senior tranche

French_Houses_AdobeStock_575x375_23Sep20
Colorful rraditional french houses on the side of river Lauch in Petite Venise, Colmar, France | Sergey Dzyuba/bbsferrari - stock.adobe.com

Groupe BPCE is bringing a French residential mortgage-backed security, offering a €1.09bn senior note with a coupon of 65bp over three month Euribor.

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